Collection PL

United States 1950A — 20 Dollars Federal Reserve Note, Cleveland District, Misaligned Back Printing Error (Friedberg 2060-D), PMG 45 PPQ Extremely Fine

The Series 1950A 20 Dollars Federal Reserve Note from the Cleveland District, cataloged as Friedberg 2060-D, exhibits a documented Misaligned Back Printing Error. This production anomaly occurred during the back plate printing stage, when the reverse impression shifted relative to the front, creating visible displacement in the alignment of the reverse design elements. Misaligned back printing errors arise when the sheet positioning during the reverse pass deviates from its intended registration. ... Read more →

China 1949 — People's Bank of China 100 Yuan Red Ship Unnumbered Alignment Trial with Inverted 1948 100 Yuan Gateway Impression (Pick Unlisted)

This 1949 100 Yuan Red Ship unnumbered alignment trial from the People's Bank of China belongs to the turbulent production history of the First Series Renminbi, the founding paper-money issue of the early People's Republic of China. The issued Red Ship design is cataloged as Pick number 831b, while this production-stage survivor is cataloged as Pick Unlisted because it was preserved outside the finished note format: unnumbered, untrimmed, marked by printer guide lines, and carrying an inverted displaced impression from the 1948 100 Yuan gateway design beneath the later Red Ship face. The Red Ship type was printed by the Shanghai Banknote Printing Plant at a moment when China's new national currency was still being built under pressure. ... Read more →